Next-Generation Sequencing Market Share revenue to Grow at 18% CAGR and Top Key Vendors - Thermo Fisher Scientific, PerkinElmer, BGI Group

Demand Analysis of Next-Generation Sequencing Market Overview:

Next-Generation Sequencing Market is predicted to grow at a moderate CAGR of 18% during the forecast period covering 2019 to 2028. Next-Generation Sequencing Market share is estimated to reach a value of nearly US$ 32.81 Billion by 2028.

The "Next-Generation Sequencing Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.

On the basis of product & service, the next-generation sequencing market is categorized into presequencing products & services, NGS platforms, NGS consumables, services for NGS platforms, sequencing services, and bioinformatics. Surging multiple sequencing procedures and launch of easy-to-use consumables are expected to propel the growth of global next-generation sequencing market over the assessment time.

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The global next-generation sequencing market is classified by technology into synthesis, ion semiconductor sequencing, nanopore sequencing, single-molecule real-time sequencing, and other sequencing technologies. Growing number of NGS platforms based on sequencing by synthesis technology is predicted to drive the global next-generation sequencing market in the upcoming years.

Industry Developments-

In 2021, Illumina has collaborated with Myriad Genetics. Both companies have collaborated to create a kit-based version of the latter's myChoice companion diagnostic (CDx) test. This collaboration will helpful to enhance the genomic profiles of tumour samples.
In 2021, BGI Group has received the CE mark approval for the Thalassemia Gene Detection Kit (Combinatorial Probe-Anchor Synthesis Sequencing Method). This kit which can be used for the genetic diagnosis of á, â thalassemia and other hemoglobinopathy or for general population carrier screening.

Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Next-Generation Sequencing Market.

Market Growth Reports lists out all the Next-Generation Sequencing Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, Illumina, Thermo Fisher Scientific, PerkinElmer, BGI Group, Agilent Technologies, Eurofins Scientific, Pacific Biosciences, Oxford Nanopore Technologies, QIAGEN, F. Hoffmann-La Roche AG, GENEWIZ., and others.

Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Key Segments
Global Next-Generation Sequencing Market by Technology, 2019-2028, (In USD Million)

Sequencing By Synthesis
Ion Semiconductor Sequencing
Nanopore Sequencing
Single-Molecule Real-Time Sequencing
Other Technologies

Global Next-Generation Sequencing Market by Application, 2019-2028, (In USD Million)

Diagnostics
Cancer Diagnostics
Infectious Disease Diagnostics
Reproductive Health Diagnostics

Detailed Table of Content

Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis

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Global Next-Generation Sequencing Market, by Region

North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)- Asia-Pacific is expected to exhibit highest growth rate throughout the next-generation sequencing forecast period. Furthermore, the favorable government policies and lower manpower costs in the region are predicted to enhance the growth of global next-generation sequencing market over the coming years.
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Next-Generation Sequencing Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.

Highlights of Next-Generation Sequencing Market:

Market Expansion: Comprehensive information on the product portfolios of the top players in the Next-Generation Sequencing Market Size.

Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market

Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Next-Generation Sequencing Market.

Reasons to Purchase this Report

The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period.

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